Analysts Have Conflicting Sentiments on These Consumer Goods Companies: HP Inc (NYSE: HPQ), CF Industries (NYSE: CF) and Universal Display (NASDAQ: OLED)

By Jason Carr

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on HP Inc (NYSE: HPQ), CF Industries (NYSE: CF) and Universal Display (NASDAQ: OLED).

HP Inc (NYSE: HPQ)

Susquehanna analyst David Ryzhik reiterated a Hold rating on HP Inc (NYSE: HPQ) yesterday and set a price target of $22. The company’s shares closed yesterday at $22.13.

According to TipRanks.com, Ryzhik is ranked #4166 out of 4760 analysts.

Currently, the analyst consensus on HP Inc is Moderate Buy and the average price target is $25.58, representing a 15.6% upside.

In a report issued on February 20, Guggenheim also maintained a Hold rating on the stock.
CF Industries (NYSE: CF)

In a report issued on February 22, Don Carson from Susquehanna reiterated a Buy rating on CF Industries (NYSE: CF), with a price target of $54. The company’s shares closed yesterday at $44.12, close to its 52-week high of $44.20.

According to TipRanks.com, Carson is a 5-star analyst with an average return of 15.7% and a 75.7% success rate. Carson covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Westlake Chemical Corp.

Currently, the analyst consensus on CF Industries is Hold and the average price target is $44.44, representing a 0.7% upside.

In a report issued on February 21, Bernstein also initiated coverage with a Buy rating on the stock with a $60 price target.
Universal Display (NASDAQ: OLED)

In a report released yesterday, Mehdi Hosseini from Susquehanna reiterated a Buy rating on Universal Display (NASDAQ: OLED), with a price target of $200. The company’s shares closed yesterday at $130.40.

According to TipRanks.com, Hosseini is a 5-star analyst with an average return of 16.4% and a 62.9% success rate. Hosseini covers the Consumer Goods sector, focusing on stocks such as Advanced Energy Industries, Hewlett Packard Enterprise, and Super Micro Computer.

Currently, the analyst consensus on Universal Display is Strong Buy and the average price target is $198, representing a 51.8% upside.

In a report issued on February 20, Needham also upgraded the stock to Buy with a $180 price target.

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